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Vietnam's foreign exchange reserves reached a record US$68 billion at the end of June, according to a HCM City Banking University report. The State Bank will keep using the reserves to stabilise the USD/VND rate.
Large reserves give the central bank room to smooth currency swings, which lowers the risk of sharp import-cost shocks for Vietnamese feed buyers.
vietnamnews.vnJul 30, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
